Flag Germany / Romania Flag

Exports Flag β†’ Flag  (2018): $18.6B, Rnk 20 / 216

Top Product Flag β†’ Flag (2018): $1.51B, Vehicle Parts

Exports Flag β†’ Flag (2018): $18.3B, Rnk 1 / 184

Top Product Flag β†’ Flag (2018): $3.33B, Vehicle Parts

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

Economic Complexity of Flag (2018): ECI 0.92, Rnk 29 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP Flag (2018): $240B, CURRENT US$
Rnk 47 / 196

GDP GROWTH Flag (2008-2018): 11.8%, CURRENT US$
Rnk 138 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

GDP PC Flag (2018): $12,301, CURRENT US$
Rnk 64 / 196

GDP PC GROWTH Flag (2008-2018): 17.9%, CURRENT US$
Rnk 106 / 196

Germany-Romania: In 2018, Germany exported $18.6B to Romania. The main products that Germany exported to Romania are Vehicle Parts ($1.51B), Cars ($934M), and Integrated Circuits ($670M). During the last 23 years the exports of Germany to Romania have increased at an annualized rate of 10.8%, from $1.77B in 1995 to $18.6B in 2018.

In 2016, Germany exported services to Romania worth $1.1B, with Other business services ($469M), Transportation ($349M), and Computer and information services ($141M) being the largest in terms of value.

Romania-Germany: In 2018, Romania exported $18.3B to Germany . The main products that Romania exported to Germany were Vehicle Parts ($3.33B), Insulated Wire ($1.8B), and Electrical Control Boards ($1.17B). During the last 23 years the exports of Germany to Romania have increased at an annualized rate of 10.8%, from $1.77B in 1995 to $18.6B in 2018.

In 2016, Romania exported services to Germany worth $2.62B, with Transportation ($863M), Other business services ($683M), and Computer and information services ($605M) being the largest in terms of value.

Comparison: In 2018,  Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, Romania ranked 29 in the Economic Complexity Index (ECI 0.92), and 41 in total exports ($81.6B).

Bilateral Trade by Products

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Depth
Value

In 2018, Germany exported $18.6B to Romania. The main products exported from Germany to Romania were Vehicle Parts ($1.51B), Cars ($934M), and Integrated Circuits ($670M). During the last 23 years the exports of Germany to Romania have increased at an annualized rate of 10.8%, from $1.77B in 1995 to $18.6B in 2018.

In 2018, Romania exported $18.3B to Germany. The main products exported from Romania to Germany were Vehicle Parts ($3.33B), Insulated Wire ($1.8B), and Electrical Control Boards ($1.17B). During the last 23 years the exports of Romania to Germany have increased at an annualized rate of 11.4%, from $1.52B in 1995 to $18.3B in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Romania
Top Destination
: Germany, $18.3B

This map shows whether countries import more from Germany or Romania. Each country is colored based on the difference in imports they receive from Germany and Romania or the difference in the growth in imports.

In 2018, countries that imported more from Germany than Romania were United States ($132B), France ($121B), and China ($109B).

In 2018, countries that imported more from Romania than Germany were Moldova ($1.22B) and Gibraltar ($132M).

Comparative Advantage Germany - Romania

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Depth

This chart compares trade between Germany and Romania by product, considering products traded by both, Germany and Romania.

During 2018, Germany had a large net trade with Romania in the exports of Machines ($6.89B), Transportation ($3.26B), and Metals ($1.58B).

During 2018, Romania had a large net trade with Germany in the exports of Machines ($7.68B), Transportation ($4.68B), and Metals ($1.09B).

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Bilateral Service Trade

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In 2016, Germany exported services to Romania worth $1.1B, with Other business services ($469M), Transportation ($349M), and Computer and information services ($141M) being the largest in terms of value.

In 2016, Romania exported services to Germany worth $2.62B, with Transportation ($863M), Other business services ($683M), and Computer and information services ($605M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Romania. Similarly, the more red a dot/product is, the more Romania has comparative advantage over Germany.